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Minneapolis Moline Tractors Discussion Forum
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Future of Antique Tractor Collectibility

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molinegb

04-13-2007 07:12:05




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This subject has come up several times recently.Has the tractor collecting peaked and in the next few years go on the downward slide?The next generation will not have the interest we have. Many say that in the next 5 years any tractors collected will have little value. If it is like the automobile it should increase.But if you look closely- Example: collectors of Twin Cities tend to be in their sixties or older. What will happen when that generation is gone?

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Andy Jensen - Moline1

05-09-2007 16:54:28




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 Re: Future of Antique Tractor Collectibility in reply to molinegb, 04-13-2007 07:12:05  
I am also 28 years old, and have a huge desire to own more than 1 1955 UTS. I also hear the concern about younger generations not being as interested, probably because fewer and fewer people being raised on farms. I grew up the the city of Bloomington, MN. Home of the MAll of America, insane rush hour traffic, and enough people for a good headache. My moms family grew up on a farm in East Grand Forks, MN and still have the "old farm" passion. Unfortantely, I am the only one of my many cousins that has any interest in tractors. My uncle collects Molines, and is the main person to blame for my addiction to old iron. I am a little concerned about the future of our hobby, and if anyone has a good idea about how to preserve it, let me know!

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Mopower

04-19-2007 05:12:05




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 Re: Future of Antique Tractor Collectibility in reply to molinegb, 04-13-2007 07:12:05  
I'm 28 and have owned over 50 MM tractors since I started collecting. Probably about 16 in the barn now. My neighbors have a pile of them and all of the young ones are involved too. That's the way it is around here. Unfortunately these machines are not getting more numerous, but the collectors are alive and well at all ages and pretty knowlegeable.



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T.R.K.

04-15-2007 12:00:20




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 Re: Future of Antique Tractor Collectibility in reply to molinegb, 04-13-2007 07:12:05  
Just a thought: I'm 41 and no kids, but what I see happening depends on how much risk you take with your kids. Dad let me drive his and Granddaddy's tractors from the time I was able to push in the clutch.

Modern manuals say something like "tractors and machinery are dangerous and should be kept out of the reach or children." I see kids in the youth group I help with that have no interest in anything that is not video or electronic oriented (Except of course for interest in members of the opposite (Website censored word).) Perhaps if their dads had let them help cut the grass back when it was still 'kinda cool' to help Dad things would be different.

And if you are a parent there is some risk involved letting your child operate equipment. Accidents do happen. Like the Farmall Cub with its tie rod and right front tire folded around the Clothesline post the time I wasn't looking where I was going.

But the point I am trying to make is we need to introduce kids to this hobby early if we ever expect even a portion of them to enjoy it as their own.

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Roger H MI

04-15-2007 11:28:28




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 Re: Future of Antique Tractor Collectibility in reply to molinegb, 04-13-2007 07:12:05  
I'am in my 50's and have been collecting the last 30 years. I really don't see any let up and prices have steadily risen. The one thing I see is Ebay has made a big diffrence in parts. I think the classic tractors will continue to expand in prices and collectors. But who is collecting the tractors of the 60's and 70's? I see a lot of these tractors in the scrap metal places.



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Fungus

04-15-2007 06:19:35




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 Re: Future of Antique Tractor Collectibility in reply to molinegb, 04-13-2007 07:12:05  
That's a tough question and I don't think it can be answered just yet. I record the prices and serial numbers of every antique/classic tractor sold at auction or that I buy privately, so it'll be a while until a trend appears.

I'm only 19 and feel lucky to have entered this hobby now instead of later. The people I talk to say that 15-20 years ago people were giving their old iron away! That's simply not the case nowadays is it. Good deals and real rare pieces can be found but it's getting harder. Most people know the value of their stuff today, especially when people come a knockin' for that rusty old thing in your drive shed!

I don't sell stuff once I buy it so it would suite me fine if prices came down in the next few years. Cause I'm not stopping.

"Keep it simple, Keep it running and Keep it!"

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71ford100

04-13-2007 22:17:20




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 Re: Future of Antique Tractor Collectibility in reply to molinegb, 04-13-2007 07:12:05  
I am 17 and I have brought home over 20 tractors, 15 combines, and way too many implements and I"m not going to stop bringing stuff home and working on it until the day I die.



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Clint Youse Mo

04-13-2007 19:28:34




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 Re: Future of Antique Tractor Collectibility in reply to molinegb, 04-13-2007 07:12:05  
I am 25 and would buy every MM and Twin City if I could afford it so for now I have to be picky and watch the check book Have been collecting since I was 5 that is when I helped dad on a recovery and restoration I was hooked I gotta a lot of friends that are collecting tractors all of us seem to have our own brand or series but every body enjoys the hobby.

Clint



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Augie

04-13-2007 20:20:25




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 Re: Future of Antique Tractor Collectibility in reply to Clint Youse Mo, 04-13-2007 19:28:34  
Hey Clint - Where in MO are you from? I'm about ten miles south of Columbia.



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Cast Iron Dave

04-13-2007 18:41:45




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 Re: Future of Antique Tractor Collectibility in reply to molinegb, 04-13-2007 07:12:05  
I am 40 And have been a tractor fan all my life. All the tractor shows and pulls I go to have a lot of young tractor collectors. Like everything else it cost more than it did 15 years ago but if you really love it you will find a way to have it. Ya I'm addicted to tractors and will be forever. Hope the interest is there for others for years to come.



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schrocky

04-13-2007 17:23:38




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 Re: Future of Antique Tractor Collectibility in reply to molinegb, 04-13-2007 07:12:05  
well Dad was 71 with 450 tractors , I am 50 with 14, my son is 13 with 2 done and working on #3 and is saving money to buy at Dads estate auction... that's what is happening here



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L.K. MACK

04-13-2007 12:33:46




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 Re: Future of Antique Tractor Collectibility in reply to molinegb, 04-13-2007 07:12:05  
SEEMS LIKE THE FUTURE OF EVERYTHING HAS BEEN QUESTIONED OF LATE. MY GRANDSONS ALL HAVE THE INTEREST, THEY SAY EVERYTHING SKIPS A GENERATION. I'LL KEEP MY IRON AND PASS IT ON TO THEM. I THINK THEY MAY JUST SUPRISE US. REMEMBER WE WERN'T PROMISED ETERNAL TRACTORS



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Lee @ Elk Mound

04-13-2007 11:23:38




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 Re: Future of Antique Tractor Collectibility in reply to molinegb, 04-13-2007 07:12:05  
I occasionally sell a part or two and I notice that a few of my customers are decidedly not 60 years old--more like early twenties. I also have a group of friends in their forties and fifties who have kids and grandkids who already have their own restoration projects. I think there's a lot of hope that these old things are not going to go away anytime soon.

Lee @ Elk Mound



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Augie

04-13-2007 16:41:40




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 Re: Future of Antique Tractor Collectibility in reply to Lee @ Elk Mound, 04-13-2007 11:23:38  
That's been my experience too. Two of my sons and my nephew have been pulling since they were 11 or 12 years old - they're 21, 19 and 16 now. All three of them really enjoy spending time in the shop and out on recovery operations.

I'm not a bit worried that our collection will be cut up for scrap after I've turned to dust.



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